Is Shankara Build. technically bullish or bearish?

Aug 09 2025 08:11 AM IST
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As of August 8, 2025, Shankara Build's technical trend is bullish, supported by strong MACD signals and daily moving averages, although caution is advised due to a bearish monthly RSI.
As of 8 August 2025, the technical trend for Shankara Build has changed from mildly bullish to bullish. The current stance is bullish with a strong indication from the weekly and monthly MACD, both showing bullish signals. Daily moving averages also confirm a bullish trend. However, the monthly RSI indicates bearish conditions, suggesting some caution. Bollinger Bands are mildly bullish on both weekly and monthly time frames, supporting the overall bullish outlook. Despite the recent price drop from the previous close, the stock has shown strong returns year-to-date and over the past year compared to the Sensex, reinforcing the bullish sentiment.
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